CENIT AG Stock

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/ Tradegate WKN: 540710 / Name: CENIT / Stock / Software & IT Services / Small Cap /

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CENIT AG Stock

CENIT AG shows a slight decrease today, losing -€0.100 (-0.830%) compared to yesterday.

For the coming years our community has positive and negative things to say abot the CENIT AG stock. Criterium "EBIT growth" gathered the most positive votes but regarding "Customer and product portfolio" there were negative voices in the community.

What does CENIT do?

Pros and Cons of CENIT AG in the next few years

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Performance of CENIT AG vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
CENIT AG
All For One Steeb AG
Allgeier SE
NorCom Information Technology GmbH & Co. KGAA

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2024-08-01

The financials of CENIT, a company within the Software & IT Services sector, present a mixed picture that reflects both promising opportunities and certain areas of concern. The company has shown consistent revenue growth, yet profitability metrics and ratios indicate potential challenges that necessitate a closer examination. Overall, a thorough analysis reveals both strengths and weaknesses that will be discussed in detail.

Revenue Growth: The reported revenue for the year ending December 31, 2023, was approximately €184.72 million, an increase from previous years. The 2022 revenue was about €162.15 million, signifying a remarkable upward trajectory. Coupled with a quarterly revenue growth of 16.4% year-over-year, this strong sales performance demonstrates an expanding market presence.

Gross Profit Margin: CENIT achieved a gross profit of around €21.30 million in 2023, which suggests efficient cost management relative to revenues. The gross margin percentage, which is an important indicator of overall financial health, remains noteworthy, allowing the company to sustain core operations effectively.

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